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UK Standard Life Private Equity recruits Dan Cahill for US push

Standard Life Investments (Private Equity) has recruited Dan Cahill as managing director for North America, as part of a drive to increase the global reach of the firm.

Cahill will be based in Boston and will be responsible for formulating and managing Standard Life's US private equity investment strategy. His previous position was with State Street Global Advisers fund of funds division, Wilton Asset Management.

‘The appointment of Dan Cahill represents a significant step in our plans to develop and promote our global private equity business,' said Jonny Maxwell, chief executive officer at Standard Life investments (Private Equity). ‘He will be responsible for investing $200m of standard Life's investments.'

‘We are confident that Dan's detailed knowledge of the industry in North America and his experience in managing a private equity fund of funds and direct deals will make him a valuable addition to the private equity team, which already has over 140 years of private equity experience between key directors,' Maxwell continued.

Standard Life Investments (Private Equity) is one of the UK's largest investment houses. The firm focuses on funds of funds and co-investment strategies, but has traditionally concentrated on Europe.

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